3Q22 Investor Update

REGIONAL RATIONALE: COVERING FOUR CORNERS Accelerating rollout in additional targeted markets Population Total = 18.5MM Adults = 13.4 MM Adult Smokers= 3.0 MM More Than 7,400 Targeted Stores Distribution Network Traditional and Non-Traditional Distribution & Retail Partners Source: Internal Documents; World Population Review Cigarette Prices by State Total Cigarette Market =~$3.2 Billion 3 States with MRTP Tax Saving $6.50 / carton $5.00/ carton $4.25 / carton 8/5 NM UT BERNARD DEPARTMENT Ž OF THE 22ND CENTURY GROUP BUREAU OF LAND UTAH COLORADO ARIZONA NEW MEXICO 1992 INTERIOR CADASTRAL SURVEMENT 9

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